IN THE HOUSE ~ Question Period ~ Canada loans $1 billion to a mining company who avoided nearly $700 million in taxes

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   Mr. Peter Julian (New Westminster—Burnaby, NDP): Mr. Speaker, they should take responsibility for this action. This economy simply is not working for everyday Canadians. Reports now indicate that a mining company received a loan from the government for $1 billion, and that is after this company apparently avoided paying nearly $700 million in Canadian taxes.

    That is just not fair. Canadians are tired of one set of rules for them and another set of rules for the wealthy and well-connected. When will the Prime Minister stop this game of letting the wealthy get away without paying their fair share?


  Right Hon. Justin Trudeau (Prime Minister, Lib.): Mr. Speaker, from lowering taxes on the middle class to raising them on the wealthiest 1% to aggressively going after tax avoidance and evasion, this government is working very hard to make sure that our tax system is fair.

    We recognize that EDC is a crown corporation that operates independently from the government, but we are committed to the base erosion and profit-shifting project which addresses aggressive international tax avoidance strategies used by some multinational companies.


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